Senior Model Risk & Validation Lead

Bannerbank

Bellevue (WA)

Remote

USD 117,249 - 154,493

Full time

14 days+

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Benefits offered by this job

Salary range: $117,249 – $154,493

Annual incentive potential up to 10%

Medical, dental, vision, LTD, STD, and

Life insurance

Paid vacation time, sick time, and 11H

401(k) with up to 4% match

Tuition reimbursement

Job summary

Banner Bank is seeking a seasoned model risk professional to validate and monitor financial models that inform key business decisions. You will conduct full-scope validations, perform back-testing, sensitivity analyses, and stress tests while documenting findings for senior leadership.

Collaborate with business units to ensure data integrity, governance, and adherence to regulatory guidance. You will leverage Excel, R, SAS, and SQL to implement reusable validation tools and contribute to model

Qualifications

Master’s degree in a quantitative field or equivalent combination of education and experience.
6+ years in bank credit, model risk management, or quantitative finance.
Proficient with validation techniques and regulatory governance standards.

Responsibilities

Perform full-scope validations and periodic reviews of financial and risk models.
Design and implement model test plans and reusable analysis tools.
Monitor ongoing model performance and ensure alignment with expectations.
Collaborate to ensure adherence to development standards and governance.
Contribute to model governance activities including inventory and risk rating.
Prepare validation reports and presentations for senior leadership.
Maintain documentation and track progress on risk initiatives.
Stay current on industry trends and regulatory expectations.